European electricity prices increase on winter demand
AleaSoft Energy Forecasting says European electricity prices increased across most major markets last week, leading to weekly averages in excess of €120 ($126.03)/MWh in all markets, bar the Nordics.
ABB to acquire Gamesa’s power electronics, storage business
ABB has agreed to purchase Gamesa’s power electronics and storage business, which produces doubly fed induction generator (DFIG) wind converters, industrial battery energy storage systems (BESS), and utility-scale solar inverters.
BLS plans 1 GW fab to make battery-powered electrolyzers
Battolyser Systems’ (BLS) product is a patented dual-purpose electrolyzer with a battery function.
Transformer explosion at South African coal power leaves nine injured
An explosion at an Eskom coal-fired power plant injured nine employees last week. The utility believes a rupture of a high-pressure steam steel pipe caused the incident and has said the event will not affect the suspension of load shedding.
Bangladesh seeks consultants for solar feasibility study
The Bangladesh Public Procurement Authority is searching for consultants to complete a feasibility study for the construction of a solar park. The deadline for applications is Jan. 9, 2025.
SDIC Gansu commissions 750 MW CSP-PV plant in China
SDIC Gansu New Energy has commissioned the 750 MW Akesai Huidong CSP-PV plant in Jiuquan, China’s Gansu province, combining a 110 MW concentrated solar power (CSP) tower and a 640 MW solar array to form China’s largest hybrid solar facility.
XNO ultra-fast charging technology aims to decarbonize mining sector vehicles
Australian industrial battery company Switch Technologies has unveiled what it describes as the world’s first operational vehicle powered by Echion Technologies’ ultra-fast charging XNO technology.
DMEGC releases 22.9%-efficient lightweight bifacial TOPCon solar panels for limited roof space
DMEGC Solar says its new solar panels weigh only 15.3 kg and have a power output of up to 270 W. The new products combine a double-glass design with TOPCon cell technology.
Fraunhofer ISE, EDF developing AI-based heat pump controller
The Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) and EDF are leading an international consortium developing AI-driven heat pumps that adapt to environmental conditions and learn from changing circumstances.
Romania allocates 432 MW of PV at average price of €0.051/kWh in first renewables auction
The Romanian authorities have allocated 1.52 GW of renewable energy capacity in a procurement exercise, with the lowest bid for PV technology at €0.045 ($0.047)/kWh.
